Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Director

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

26 August 2010 Hi
Respected Members

Whether director is an employee in company?

for the purpose of provident fund and professional tax act?

Ankur Garg

Ankur Garg (Expert)
Follow

26 August 2010 Yes...

According to me director is an employee of the company, subject to the terms of contract entered with the company.

Well this is my general understanding. Wait for other expert opinions.

Best Regards

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

26 August 2010 Directors,as such are not employees or servants of the company. But where a director,besides being a director, is also in the service or employment of the company viz., as secretary, manager, accountant or otherwise, he/she will be treated as employee. However, a managing director or whole time director holds such a double role.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now